
Rock Cliffs By: Sheila Kleinschmidt
Direct Deposit
Payroll Direct Deposit is easy to set up and puts your paycheck in the bank without delay. If you would like to sign up for Direct Deposit, just print the following page and give it to your employer or government agency.
Direct Deposit is a way your employer, or a government agency that regularly sends you money, can send a check directly to your account. First bank is able to receive and process Direct Deposits through the Federal Reserve System's Automated Clearing House (ACH).
What is Direct Deposit?
Direct Deposit is a safe and easy way to have your money deposited directly into your checking or savings account. The most common use of direct deposit is salary payments.
Why Use Direct Deposit?
Direct Deposit offers you many advantages over checks, including:
Convenience: No more special trips to the bank to cash your check-a nice feature when you are busy, on a vacation or away on business.
Reliability: You no longer need to wait for your check to arrive in the mail. You can have peace of mind knowing your money will always be in your account on time.
Security: With Direct Deposit, you don't have to worry about lost, stolen and misplaced checks.
Flexibility: Direct Deposit is most often used to deposit money into a checking or savings account. It's easy to change your direct deposit arrangement--- simply fill out a
form and provide your written authorization.
